1394 REAY Road, Gravenhurst, ON

$774,900
MLS#:X12103419
5 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
1394 REAY Road, Gravenhurst, ON P1P 1R3
⚠️

Property no longer active

This property was sold on May 13, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium concrete and vinyl siding construction, this residence presents an exceptional opportunity offered at $774,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 372 x 293 ft lot
  • Features a walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient heat pump heating via ground source

Description

Well maintained country home conveniently located only minutes from Gravenhurst & Bracebridge on a year round municipal Rd. Positioned on a beautiful 3.16 acre level lot with a wonderful cleared yard which is perfect for kids or pets. Offering 3,146 sq ft of total finished living area & many features throughout make this home a great opportunity. The main floor offers a wonderful open concept design with a large living/dining area w/gas fireplace, big windows allowing for lots of natural lighting & a walkout to a 14' x 16' sunroom & deck. Large country kitchen w/ample counter & cupboard space (ideal for large family gatherings or entertaining). 3pc main bath & 2 main floor bedrooms including a primary bedroom w/2 walk-in closets, Juliet Balcony & 4pc en-suite bath. Full finished basement offers; a spacious self contained living area (not a legal unit) w/multiple grade level walkouts & large windows allowing for lots of natural lighting throughout, upgraded 4pc bath, 3 bedrooms, kitchen/dining area & a large living room w/gas fireplace. Several outdoor features include; a detached 21' x 20' garage + a great 24' x 50' storage building with hydro, water line, rubber matting & lots of storage space. Heating & cooling with an energy efficient Geothermal furnace & air conditioning + much more! Truly a wonderful package!

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Property Summary

This detached home located at 1394 REAY Road, Gravenhurst is currently for sale and has been available on SousaSells for 468 days. This property is listed at $774,900 with an estimated mortgage of $2,579* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 1394 REAY Road, Gravenhurst is in the Muskoka (S) neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Muskoka (S), Gravenhurst.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Muskoka (S), Gravenhurst.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 13, 2025
Sold price information is available to members only
Listed Date4/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionConcrete, Vinyl Siding
BasementWalk-Out, Separate Entrance
Lot Size372 × 293 Feet
CountyMuskoka
Annual Tax$3,212.53
Legal DescriptionPT LT 1-2 CON 5 MUSKOKA PT 1 35R5035; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeDetached

Heating & Cooling

Heat SourceGround Source
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1394 REAY Road, Gravenhurst, ON

Q.What is the asking price for 1394 REAY Road, Gravenhurst, ON ?

The current listing price for 1394 REAY Road, Gravenhurst, ON in Muskoka (S), Gravenhurst is $774,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 1394 REAY Road, Gravenhurst, ON ?

1394 REAY Road, Gravenhurst, ON is a Detached (Bungalow-Raised) featuring a Walk-Out, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Ground Source and cooling via Central Air.

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1394 REAY Road, Gravenhurst, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1394 REAY Road, Gravenhurst, ON P1P 1R3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gravenhurst.

Configure Loan Settings

Interest Rate4.00%
Down Payment$232,470 (30.0%)
* Minimum Canadian down payment required for this price is $52,490.
Amortization Period30 Years
Estimated Monthly Payment$2,579Based on a loan of $542,430 over 30 years.
Purchase Price$774,900
Loan Amount$542,430
Provincial Land Transfer Tax:$11,973
Total Estimated Closing Taxes:$11,973

About Purchasing a Home in Gravenhurst, ON

For a property listed at $774,900 in Gravenhurst, the legal minimum down payment is $52,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,973 for this transaction. As this listing is in Gravenhurst (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,973.

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Muskoka (S), Gravenhurst Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Muskoka (S), Gravenhurst.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,054,986

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Muskoka (S), Gravenhurst

Elementary Schools

Muskoka Beechgrove
Public395 Muskoka Beach Road, Gravenhurst, Ontario, P1P 1M9
6.2
Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
5.4

Secondary Schools

Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
6.9

Muskoka (S), Gravenhurst Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.